Upcoming due diligence and state report due dates for unclaimed property

California and Illinois Change Aggregate Limits

California and Illinois have both made changes to their aggregate dollar limits. Before I provide the details, I’d like to explain what the aggregate limit is for those who are unaware of this concept. A state’s aggregate limit is expressed as a dollar amount. If a state’s aggregate limit is $50, this means you can […]

Danielle Herring

Product Manager, UPExchange

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Hawaii Says ‘Aloha’ to Preliminary Filing

Hawaii passed a law, effective July 1, 2012, that eliminates the preliminary report step. All holders should report and remit by November 1st. You can view the wording on Hawaii’s website. This legislations also puts a limit on the fee that professional locators can charge when finding property on an owner’s behalf. Danielle HerringProduct Manager, […]

Danielle Herring

Product Manager, UPExchange

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Reminder – North Carolina Changes Effective for November Filing

The state of North Carolina passed HB 692, which was effective October 1, 2011. Enforcement of these changes was postponed to give holders time to make any procedure changes that might be necessary. These changes officially go into effect starting with November 1, 2012 filings. If you haven't already prepared for these changes, you will […]

Danielle Herring

Product Manager, UPExchange

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